California’s employers added 28,300 nonfarm payroll jobs in March 2024 and the unemployment rate held steady at 5.3 percent, according to data released today by the Employment Development Department (EDD) from two surveys. The job gain follows a job loss of 6,600 in February mostly due to weather impacts - revised down by 3,200. But job growth has gained momentum overall during the last eight months with a total gain of 205,200 jobs and an average monthly increase of 25,700 jobs.
News and Announcements
The Employment Development Department (EDD) announced today that it has awarded $995,000 to the South Bay Workforce Investment Board, Inc. (SBWIB) to offer assistance to 965 workers laid off by Northrop Grumman Space Systems in Redondo Beach, Manhattan Beach, and El Segundo. The SBWIB will use the funding to provide training, education, and job services to guide these aerospace industry workers into high-quality careers that offer financial stability and opportunities for advancement in the South Bay and greater Los Angeles regions.